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Quilter International Ireland dac - declaration of non-Irish residency

This article will be of interest to those who have clients invested in Quilter International (previoulsy OMW) Ireland dac offshore bonds, particularly those paying regular investor income or adviser fee payments.  Advisers should already have been notified of this issue through Quilter International directly.  We are highlighting this to ensure it hasn't been missed, given the Brexit related content and potential interruption to investor income, which can be easily addressed.

We understand that Quilter have been writing out to all advisers with UK resident investors holding Quilter International Ireland dac policies, to make sure all investors complete and return a declaration of non-Irish residence to prevent the potential of any Irish tax being applied to payments from their policy.

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